Post Utme Esut 2021 Economics Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Esut Economics examination.

Post Utme Esut 2021 Economics Objective / Multiple Choice
Question 35 POST_UTME_ESUT • 2021 • ECONOMICS • objective

A firm is producing a product with a cons\tant marginal \cost (MC) and a downward-sloping demand curve. If the firm's average total \cost (ATC) is decrea\sing as output increases, what will be the effect on the firm's profit-maximizing quantity of output?

Answer Options

Correct Answer A. Q will increase
B. Q will decrease
C. Q will remain unchanged
D. Q will increase at a decrea\sing rate
Correct Answer
A
Correct Option:
Q will increase

About This Question

This is Post Utme Esut 2021 Economics Question 35. It is one of the objective questions from the 2021 Post Utme Esut Economics examination.

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